Rubicon Japan Trust (RJT) has been taking a beating the last...

Rubicon Japan Trust (RJT) has been taking a beating the last couple of months.

Presently has a yield now of about 11% fully tax deferred.

But there seems to be a lack of confidence in the stock.

It's not ever going to be a high flyer, but more a steady performer.

The Sub-Prime meltdown has rubbed off on RJT but has no exposure itself directly to sub-prime.

Apart from general sub-prime nervousness, I don't see any particular bad news relating to RJT on the horizon.

RJT is recommended as a strong buy by Fat Prophets, for whatever that might be worth.

Any views on RJT?